Marc Wekkeli Generali

Generali GC&C names Wekkeli head of property underwriting in Germany

2021-05-10T07:03:00+01:00

Generali’s Global Corporate & Commercial (GC&C) division has named Marc Wekkeli as head of property underwriting in Germany.

IM-Praeventus-European_offshore_wind_farm

Ex-Canopius renewables team secures Berkley support for new MGA Praeventus

2021-05-07T20:58:00+01:00

Praeventus, the new MGA launched by Canopius’ former renewable energy team, will begin underwriting on 1 June backed by capacity providers led by Berkley Offshore and a panel of Lloyd’s insurers including Munich Re Syndicate Ltd.

Hannover Re, Munich Re, Scor and Swiss Re

Europe’s big four all beat on Q1 combined ratios as Covid-19 P&C impacts diminish

2021-05-07T06:56:00+01:00

Europe’s big four reinsurers shook off an above-average quarter of catastrophe losses to each report combined ratios ahead of analyst consensus in a sign of the strengthening underlying performance across the sector.

WTW - aviation

WTW expected to divest more aerospace assets than mandated by EC

2021-05-06T07:08:10.11+01:00

Willis Towers Watson (WTW) is divesting a greater share of its market-leading aviation business than that ordered by antitrust regulators, The Insurer understands.

ACPR climate

French insurers ordered to step up response to climate change

2021-05-05T12:19:00+01:00

The French regulator has called for the country’s insurers to step up efforts to combat climate change by integrating related risks into their financial assessments after releasing the results of its climate stress tests.

Sampo Group Q1 results

Sampo reports 37% growth in underwriting profit in P&C units

2021-05-05T07:08:00+01:00

Sampo Group’s P&C businesses reported 37 percent growth in underwriting profit during the first quarter of 2021 with a 4.5 percentage point combined ratio improvement.

Le Pape – CCR

CCR names Le Pape to succeed Blayau as chairman

2021-05-05T07:03:00+01:00

French state-owned reinsurer CCR has named Jacques Le Pape as chairman of the board of directors, succeeding Pierre Blayau whose term of office has come to an end.

Aon and WTW

Aon-WTW deadline pushed back to August by EC as divestments loom

2021-05-04T07:51:00+01:00

The European Commission (EC) has again extended the deadline on its investigation into the Aon-Willis Towers Watson (WTW) combination as divestments in the tabled ~$30bn transaction are expected to be revealed this week. 

Allianz

Allianz to phase out coal-based business models in P&C insurance by 2040

2021-05-04T16:51:00+01:00

Allianz has unveiled news plans to phase out underwriting and investment in carbon-based industries by 2040 as the insurer accelerates plans to align its operations with the Paris Climate Agreement.

Charles Taylor IES

Charles Taylor continues European expansion with IES deal

2021-05-04T10:34:00+01:00

Charles Taylor has continued its expansion in Europe with the acquisition of loss adjusting practice Insurance Engineering Services (IES).

IM-Kaufman-Amsterdam

HW Kaufman opens new Amsterdam office to support continental clients

2021-04-30T23:02:00+01:00

HW Kaufman Group has bolstered its capabilities in Europe with the opening of a new office in the Netherlands as the company looks to broaden its footprint on the continent.

Aon and WTW

EC expected to clear Aon-WTW without further concessions

2021-04-28T15:03:00+01:00

The Aon-Willis Towers Watson transaction looks to have taken a significant step closer to completion with reports today that European Commission antitrust regulators are expected to give conditional clearance to the $30bn deal without demanding further remedies.

Pegasus Europe

European SPAC Pegasus eyes insurance opportunities ahead of €500mn IPO

2021-04-26T06:31:00+01:00

Pegasus Europe, a special purpose acquisition company (SPAC) focused on opportunities in the European financial services industry, has released details of its planned listing on Euronext Amsterdam, scheduled for later this week.

Screenshot 2021-04-22 at 08.09.07

GC shuffles European leadership; adds Willis Re’s den Boer as treaty MD

2021-04-22T07:17:00+01:00

Guy Carpenter has appointed Christophe Gaudron as CEO of its French operation and Michel den Boer as managing director of treaty broking for the Benelux region as the broker continues to overhaul its senior management on the continent.

Gjensidige YTD share price…

Gjensidige beats consensus despite winter weather hit to underwriting profit

2021-04-22T06:50:00+01:00

An “extraordinarily cold” winter in Norway led to a modest decrease in underwriting profit at Gjensidige during the first quarter of 2021. 

Alex Dahlmann – Marsh

Marsh promotes Dahlmann to lead Swedish captive operations

2021-04-22T09:15:00+01:00

Marsh has named Alex Dahlmann as head of office for its Swedish captive operations.

Howden Artai

Howden acquires Spanish corporate broker ARTAI

2021-04-21T12:50:00+01:00

Expansive broking group Howden has acquired ARTAI, Spain’s largest independent corporate insurance broker.

Eiopa

Eiopa calls on firms to set out climate risk expectations to the end of the century

2021-04-20T11:17:00+01:00

Europe’s insurance supervisor has told firms to consider the long-term impact of climate change over the next 80 years both on their operations and when calculating risks to their governance, risk management and own risk and solvency assessments (ORSA).

Dieter Wemmer

Ex-Allianz CFO Wemmer plans European SPAC to target insurance deals

2021-04-19T08:16:00+01:00

Former Allianz and Zurich group CFO Dieter Wemmer is launching a blank-cheque company to target deals in the insurance sector.

Sonja Rottiers and Amélie Breitburd – Lloyd's

Lloyd’s Europe names Breitburd CEO as Rottiers exits amid structural overhaul

2021-04-12T15:57:00+01:00

Lloyd’s has announced the chief executive of its European platform Sonja Rottiers will step down at the start of June and will be succeeded by former Axa UK CFO Amélie Breitburd.